MCA notifies 1st October, 2018 as the date of constitution of National Financial Reporting Authority. The following two notifications have been issued in this regard.
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 1st October, 2018
S.O. 5099(E).—In exercise of the powers conferred by sub-section (1) of section 132 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 1st October, 2018 as the date of constitution of National Financial Reporting Authority.
[F. No. 1/4/2016-CL-I-Part]
K. V. R. MURTY, Jt. Secy.
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 1st October, 2018
S.O. 5098(E).—In exercise of the powers conferred by sub-section (3) of Section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 1st October, 2018 as the date on which the provisions of sub-sections (1) and (12) of Section 132 of the said Act shall come into force.
[F. No. 1/4/2016-CL-I]
K. V. R. MURTY, Jt. Secy.
ITAT quashed order u/s 263 enhancing disallowance observing in appellate proceedings, CIT(A) has power of enhancements of income assessed, if…
Section under which penalty should be initiated cannot be subject matter of revisionary jurisdiction under section 263 of Income Tax…
Related party transaction u/s 40A(2) shall be treated as bona fide, unless AO finds that one of them is trying…
The word ‘transfer of property’ does not include ‘acquiring’ of property or ‘purchasing’ of property and only can be confined…
AO is not justified in questioning the cash withdrawals from bank account on the ground that the assessee had sufficient…
Return/Balance sheet to be considered as being within time if filed within timeline condoned by Hon'ble Supreme Court due to…